Keep Your Hopes Up: Holiday Shopping To Be Better-Than-Feared

We'll get some indicators of how active the consumer may be during the holiday shopping season, says Rob Fleming. He previews some economic data to watch this week such as MBA mortgage applications, durable goods and jobless claims, and PMI composite flash. He also talks about how he is looking to see if there's heavy discounting to chew through inventories and how it could impact profit margins. He then goes over how retail earnings have been mixed, suggesting that holiday shopping season for sports goods and electronics may be better than feared. Tune in to find out more about the stock market today.